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Tuesday, December 2, 2025
TopicBudget 2020

Topic: Budget 2020

FM Sitharaman budgets Rs 1.67 lakh crore of extra expenditure, mostly for Covid package

This expenditure includes Rs 40,000 crore towards enhanced expenditure under MNREGA. The first batch of Supplementary Demands for Grants includes 54 Grants and 1 Appropriations.

Budget 2020 is now useless. Modi govt must present a new one

Covid has ensured Modi govt won’t meet 20% growth in tax collection target. That would be a terrible assumption to make in a pandemic-hit economy.

Incentives and infrastructure — what govt can do to boost data centres in India

The Centre plans to make India a $1 trillion digital economy by 2025, which will attract countries wanting to set up data centres in India.

Relief for India’s overseas students, govt cuts 5% ‘tax at source’ Budget proposal to 0.5%

Among amendments to the Finance Bill moved by Nirmala Sitharaman, the govt has clarified that NRIs will only be taxed on income they earn in India.

I-T cases being arbitrated abroad will be eligible under proposed ‘Vivad se Vishwas’ scheme

The I-T department in advertisements in leading dailies said that appeals and writs filed on or before January 31 this year will be allowed to be taken up by it.

Facing a fiscal crisis for long, Modi govt now seems to be pushing states into a crisis too

Either Modi govt is expecting a revenue windfall that will be passed on to states, or states will be squeezed even further. My guess is it will be the latter.

How the LIC mega IPO can also help reform India’s larger financial sector

If done right, IPO can bring transparency & efficiency to LIC, ensure govt doesn’t force it to buy weak PSUs, and improve resource allocation in the economy.

Sanjaya Baru on altered India-US relations, Ruchir Sharma & Sandipan Deb go to the Oscars

Today’s political, economic & strategic punditry from Sanjaya Baru, Ashok Gulati, Ruchir Sharma, Tamal Bandopadhyay, Prabha Kotiswaran & many others.

Budget proposals unlikely to have inflationary impact, says RBI Governor

Das says that the government has tried to remain within the fiscal deficit roadmap set under the Fiscal Responsibility and Budget Management Act.

BMC’s ‘blatant oversight’ that has Raj Thackeray’s MNS riled up

Pre-Truth — snappy, witty and significant snippets from the world of politics and government.

On Camera

Make Sanchar Saathi removable. Good intentions don’t excuse State overreach

Compulsion magnifies the risk of function creep. Future updates could quietly expand the app’s capabilities or enable background telemetry far beyond users’ expectations.

New cess on ‘pan masala’ to fund national security and healthcare programmes

The Health Security Se National Security Cess Bill, 2025, explained. Oppn has attacked the proposed cess as 'a new financial burden' on the citizens.

After Op Sindoor, India goes in for more Heron Mk IIs; Israel frontrunner for mega MALE drones deal

Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.